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Pound up 1% against dollar after Sunak installed as PM

Pound down 2% against dollar after BoE rate hike
Source: Pixabay

The pound rose more than one percent against the dollar on Tuesday after Rishi Sunak took office as Britain’s prime minister.

At 1320 GMT the pound was up 1.2 percent to $1.1411, and up 0.7 percent against the euro to 87.64 pence.


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Agence France-Presse (AFP) is a French international news agency headquartered in Paris, France. Founded in 1835 as Havas, it is the world's oldest news agency.

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